@RSchems @AnEsotericTruth@samdude @bestplayeratlas Yeah, you assume a lot of risk. It comes with the territory. Just like starting a small business.
Loan payments are covered by the tenets + $500, and there’s no shortage of renters. Bankruptcy can be your safety net but that’s less than ideal.
Cash flow comes from you at first.
Your first ten or so rentals aren’t your profit. They’re your support for other rentals. Individual rentals don’t make you money until you have a base that handles repairs. But the really money comes from the ability to leverage equity. And that’s what people don’t see.